BNB Chain stands out as one of the most ambitious DeFi ecosystems in the market and a low-cost alternative to Ethereum. There are currently over 1000 projects and altcoins deployed on the platform. In this article, we have compiled 11 projects that require close follow-up throughout the year.
Here are the altcoin projects you can follow from the Binance ecosystem
Binance Coin, or BNB, is the most popular cryptocurrency on the BNB Chain. As of 2020, it has rapidly multiplied its usefulness and popularity. BNB started 2023 with a big bang, currently trading at over $310, up over 40% in the last 4 weeks.
PancakeSwap (CAKE)
No list of the biggest BNB Chain tokens would be complete without PancakeSwap. It is an exchange and by far the most popular dApp on BNB Chain. With over 4 million monthly users, PancakeSwap has surpassed it significantly in popularity and security. Interesting fact: the platform has never been hacked.
Chainlink (LINK)
The Chainlink network is known for its oracle service, where it provides real-life data to smart contracts. First created in 2017, Chainlink is a valuable part of the crypto ecosystem. BNB Smart Chain (BSC) integrated the Chainlink network in 2020. As a result, Chainlink can now be used by all BSC smart contracts.
Baby Doge Coin
Baby Doge coin was launched in 2021 with a limited supply of 420 quadrillion. The meme token is based on a smart integrated system where 5% of every transaction in the Baby Doge ecosystem is automatically paid to its holders to keep BABYDOGE in their wallet.
Venus (XVS)
Venus is a lending DeFi platform that provides automated decentralized lending services for crypto lenders. According to WalletInvestor.com, if you invest in Venus today, as with any investment, a long-term increase is expected.
Swipe (SXP)
Swipe is a cryptocurrency wallet that allows easy exchange of fiat currencies such as dollars or euros in different transactions and exchanges. With ongoing developments in the ecosystem and strong potential in the cryptocurrency market, Swipe could be one of the most profitable BNB Chain altcoin projects in 2023.
P2E token selections from Binance listing
Sandbox is one of the best platforms for developers looking to make money. The popular GameFi project is most comparable to Roblox or Minecraft. You can design games, build your own world, organize adventures in the social center.
Sandbox’s most valuable resource is the LAND token. Each piece of LAND is an NFT representing virtual land ownership. Players can also design unique locations themselves. Therefore, you can lease your land to others.
Axie Infinity (AXS)
Axie Infinity allows participants to control and execute part of the game. Specifically inspired by Pokémon. By playing, you can earn AXS tokens that you can use to influence the fate of the game.
The game uses Ronin, a side chain that helps reduce transaction costs and latency to run on Ethereum. Therefore, its in-game economy uses Ethereum-based cryptocurrencies. Axies can also be bred, potentially allowing you to build stronger teams while also generating more NFTs to be sold in the market. As Cryptokoin.com reported, AXS recently completed an unlock event that resulted in a 20% rally.
Decentraland (MANA)
If you’ve already done some research on the best P2E games, you’ve probably heard of Decentraland. Decentraland is a virtual world built on Ethereum where you can play to earn NFT. The plots are also sold as NFTs and companies of all kinds are opening stores in the world of Decentraland. A number of partnerships have been completed, from Samsung to fashion brands like DKNY, sportswear brands like Sketchers, and even Selfridges.
MANA made significant progress in January in terms of price. It is about to reclaim the $0.8 zone at the time of writing.
ImmutableX (IMX)
ImmutableX hosts the biggest P2E games on the market. These include giants like Gods Unchained, Guild of Guardians, Illuvium, and Highrise. Keeping up with the GameFi market requires close monitoring of new news from ImmutableX.
Finally, Gala Games (GALA) offers a Blockchain-based ecosystem for game developers and gamers. You can play on the Gala, or spend time in worlds that others have built. The game platform has a number of branded games such as Fortitude and Spider Tanks.
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